Franklin Resources Portfolio holdings
Franklin Resources, Inc., commonly known as Franklin Templeton, was founded in 1947 by Rupert H. Johnson, Sr., and is headquartered in San Mateo, California, operating as a global investment management firm managing hundreds of billions in assets. The company offers a wide range of investment products, including mutual funds, ETFs, fixed-income portfolios, and alternative investments, serving individual investors, financial advisors, and institutions across over 150 countries. Known for its acquisition-driven growth—such as the 1992 purchase of Templeton Investments and the 2020 addition of Legg Mason—Franklin Templeton combines diverse strategies under a single brand, emphasizing both active management and income-focused solutions like its flagship Franklin Income Fund. With a reputation for adaptability and a client-centric approach, it remains a major player in the global asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PNC Financial Services
PNC
|
+$394M |
| 2 |
Chevron
CVX
|
+$272M |
| 3 |
Albemarle
ALB
|
+$229M |
| 4 |
PepsiCo
PEP
|
+$223M |
| 5 |
ExxonMobil
XOM
|
+$196M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$427M |
| 2 |
Bank of America
BAC
|
+$351M |
| 3 |
Morgan Stanley
MS
|
+$249M |
| 4 |
Honeywell
HON
|
+$234M |
| 5 |
Apple
AAPL
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.6% |
| 2 | Healthcare | 14.36% |
| 3 | Financials | 10.56% |
| 4 | Industrials | 10.06% |
| 5 | Consumer Discretionary | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SMAR
1851
DELISTED
Smartsheet Inc.
SMAR
| $543K | ﹤0.01% |
11,362
-634
| -5% | -$27K |
|
1852
Usana Health Sciences
USNA
$394M
| $541K | ﹤0.01% |
10,098
-592
| -6% | -$29.9K |
|
1853
Dycom Industries
DY
$12.9B
| $540K | ﹤0.01% |
4,692
-52
| -1% | -$4.94K |
|
|
BRKL
1854
DELISTED
Brookline Bancorp
BRKL
| $540K | ﹤0.01% |
49,484
-19,474
| -28% | -$185K |
|
1855
Perion Network
PERI
$367M
| $540K | ﹤0.01% |
17,479
-22
| -0.1% | -$625 |
|
|
CSW
1856
CSW Industrials
CSW
$4.71B
| $538K | ﹤0.01% |
2,594
+157
| +6% | +$28.5K |
|
|
THR
1857
DELISTED
Thermon Group Holdings
THR
| $538K | ﹤0.01% |
16,514
+702
| +4% | +$20.9K |
|
1858
Hancock Whitney
HWC
$6.13B
| $536K | ﹤0.01% |
11,036
-480
| -4% | -$19.2K |
|
1859
Seaboard Corp
SEB
$4.52B
| $536K | ﹤0.01% |
+150
| New | +$534K |
|
1860
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.24B
| $534K | ﹤0.01% |
5,634
+4,073
| +261% | +$372K |
|
|
NINE
1861
DELISTED
Nine Energy Service
NINE
| $531K | ﹤0.01% |
198,058
| – | – |
|
1862
Agilysys
AGYS
$2.78B
| $530K | ﹤0.01% |
6,243
| – | – |
|
1863
Blackstone Mortgage Trust
BXMT
$2.82B
| $529K | ﹤0.01% |
24,878
+1,064
| +4% | +$22.9K |
|
1864
Marten Transport
MRTN
$1.33B
| $529K | ﹤0.01% |
25,217
+146
| +0.6% | +$2.79K |
|
1865
Unity
U
$12.5B
| $528K | ﹤0.01% |
12,904
+1,135
| +10% | +$35K |
|
1866
Yext
YEXT
$501M
| $526K | ﹤0.01% |
89,278
+1,406
| +2% | +$8.65K |
|
1867
Sphere Entertainment
SPHR
$4.88B
| $526K | ﹤0.01% |
15,478
-5
| -0% | -$174 |
|
|
FL
1868
DELISTED
Foot Locker
FL
| $525K | ﹤0.01% |
16,852
+26
| +0.2% | +$627 |
|
1869
TKO Group
TKO
$13.5B
| $523K | ﹤0.01% |
6,410
+3,307
| +107% | +$263K |
|
1870
Cogent Communications
CCOI
$594M
| $517K | ﹤0.01% |
6,803
+493
| +8% | +$32.9K |
|
1871
SiriusPoint
SPNT
$2.98B
| $517K | ﹤0.01% |
44,552
| – | – |
|
|
SIX
1872
DELISTED
Six Flags Entertainment Corp.
SIX
| $516K | ﹤0.01% |
20,571
-107
| -0.5% | -$2.47K |
|
1873
West Fraser Timber
WFG
$5.18B
| $514K | ﹤0.01% |
6,009
-367
| -6% | -$27.2K |
|
1874
Cracker Barrel
CBRL
$1.2B
| $512K | ﹤0.01% |
6,643
+188
| +3% | +$13.5K |
|
1875
Koppers
KOP
$966M
| $512K | ﹤0.01% |
9,987
+1
| +0% | +$42 |
|
Similar funds
Franklin Resources's Q4 2023 Portfolio in Review
As of Q4 2023, Franklin Resources held 2,774 positions worth $214B, up 8.7% from $197B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Franklin Resources withdrew a net $7.44B in Q4 2023, closing 138 positions and reducing 1,143 holdings. Its most notable exit was Activision Blizzard, an estimated $427M position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Veralto worth $178M.
- Franklin Resources's largest Q4 2023 buy was Veralto: 2,163,991 shares worth $178M.
- Franklin Resources added most to PNC Financial Services in Q4 2023, an estimated $394M increase.
- Franklin Resources's biggest Q4 2023 reduction was Bank of America, cutting an estimated $351M.
- Franklin Resources fully exited Activision Blizzard in Q4 2023, selling an estimated $427M.
- Franklin Resources's ten largest holdings make up 18% of its $214B portfolio in Q4 2023.
- Franklin Resources opened 114 new positions and closed 138 in Q4 2023.
- Franklin Resources's portfolio value rose 8.7% quarter-over-quarter to $214B.
Based on Franklin Resources's 13F filing for Q4 2023, filed 9 Feb 2024.